The negative risk tones spill over to Europe

  • German DAX futures -1.4%
  • French CAC 40 futures -1.0%
  • UK FTSE futures -1.0%

Not too surprising that we're seeing the risk-off sentiment carry over to European trading. The sentiment here will continue to help the yen stay underpinned and it will remain the key trading theme in markets ahead of US trading later.